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SIMPAC

Active Risk: not assessed
Private limited company (pre-2019)founded 2012active for 14 yearsGerdingerpoort 42, 3960 Bree, BelgiumKBO/BCE: BE 0845.982.233

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 06-07-2026 at the NBB all 13 filings

Equity
€231,047▲ 6.2%
2024 · €217,552
Net result
€13,495▲ 0.8%
2024 · €13,384
Total assets
€434,918▲ 3.6%
2024 · €419,770
Solvency
53.1%▲ 1.3pp
2024 · 51.8%
Multi-year overview
2018 to 2025, 8 financial years
Operating result
€24,417
▼ 7.8% 2025
20182025
Net result
€13,495
▲ 0.8% 2025
middle half of the sector
20182025
Equity
€231,047
▲ 6.2% 2025
middle half of the sector
20182025
Total assets
€434,918
▲ 3.6% 2025
middle half of the sector
20182025
Debt
€203,872
▲ 0.8% 2025
20182025
Working capital
-€158,953
▲ 7.8% 2025
lowest quarter of the sector
20182025
Solvency
53.1%
▲ 1.3pp 2025
middle half of the sector
20182025
Current ratio
0.22
▲ 0.07 2025
lowest quarter of the sector
20182025
Return on assets (ROA)
3.1%
▼ 0.1pp 2025
middle half of the sector
20182025
Staff (FTE)
1
= 2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€24,744-€27,959▲ 13.0%€21,145▼ 24.4%€9,333▼ 55.9%€16,830▲ 80.3%-€5,613€26,495€24,417▼ 7.8%
Net result€14,877-€18,012▲ 21.1%€15,272within the sector's middle half▼ 15.2%€6,918within the sector's middle half▼ 54.7%€12,272within the sector's middle half▲ 77.4%-€5,801below the sector's middle half€13,384within the sector's middle half€13,495within the sector's middle half▲ 0.8%
Equity€157,495-€175,507▲ 11.4%€190,779within the sector's middle half▲ 8.7%€197,696within the sector's middle half▲ 3.6%€209,968within the sector's middle half▲ 6.2%€204,168within the sector's middle half▼ 2.8%€217,552within the sector's middle half▲ 6.6%€231,047within the sector's middle half▲ 6.2%
Total assets€396,179-€400,913▲ 1.2%€390,156below the sector's middle half▼ 2.7%€395,805below the sector's middle half▲ 1.4%€403,397below the sector's middle half▲ 1.9%€407,270within the sector's middle half▲ 1.0%€419,770within the sector's middle half▲ 3.1%€434,918within the sector's middle half▲ 3.6%
Debt€238,685-€225,406▼ 5.6%€199,377▼ 11.5%€198,108▼ 0.6%€193,429▼ 2.4%€203,103▲ 5.0%€202,218▼ 0.4%€203,872▲ 0.8%
Working capital-€215,489--€214,493▲ 0.5%-€199,221below the sector's middle half▲ 7.1%-€192,304below the sector's middle half▲ 3.5%-€180,032below the sector's middle half▲ 6.4%-€185,832below the sector's middle half▼ 3.2%-€172,449below the sector's middle half▲ 7.2%-€158,953below the sector's middle half▲ 7.8%
Solvency39.8%-43.8%▲ 4.0pp48.9%within the sector's middle half▲ 5.1pp49.9%within the sector's middle half▲ 1.0pp52.1%within the sector's middle half▲ 2.1pp50.1%within the sector's middle half▼ 1.9pp51.8%within the sector's middle half▲ 1.7pp53.1%within the sector's middle half▲ 1.3pp
Current ratio0.03-0.05▲ 0.020.00below the sector's middle half▼ 0.050.03below the sector's middle half▲ 0.030.07below the sector's middle half▲ 0.040.09below the sector's middle half▲ 0.020.15below the sector's middle half▲ 0.060.22below the sector's middle half▲ 0.07
Return on assets (ROA)3.8%-4.5%▲ 0.7pp3.9%within the sector's middle half▼ 0.6pp1.7%within the sector's middle half▼ 2.2pp3.0%within the sector's middle half▲ 1.3pp-1.4%below the sector's middle half▼ 4.5pp3.2%within the sector's middle half▲ 4.6pp3.1%within the sector's middle half▼ 0.1pp
Staff (FTE)0.9-0.9=0.9below the sector's middle half=0.9within the sector's middle half=1within the sector's middle half▲ 11.1%1=1=1=
above within below The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 8% lower than in 2024.

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €434,918
Fixed assets €390,000 =
Current assets €44,918 ▲ 50.9%
Equity and liabilities €434,918
Equity €231,047 ▲ 6.2%
Debt €203,872 ▲ 0.8%
Debt's share of the balance-sheet total falls from 48.2% to 46.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROE
5.8%▼
2024 · 6.2%
Debt ≤ 1 year
€203,872▲
2024 · €202,218
Income taxes
€6,501▲
2024 · €4,175
Staff costs
€41,560▼
2024 · €50,261
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date11-11
full-time00-00
part-time11-11
in full-time equivalents0.90.9-0.50.5
Average over the year, in full-time equivalents0.9110.70.5
On a permanent contract11-11
Joined---0-
Left---0-
Training hours---0-

Source: social balance sheet in the 2021 to 2025 annual accounts

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€419,770€434,918▲
Fixed assets21/28€390,000€390,000=
Financial fixed assets28€390,000€390,000=
Current assets29/58€29,770€44,918▲
Amounts receivable within one year40/41€18,975€18,975=
Trade receivables40€18,150€18,150=
Other amounts receivable41€825€825=
Cash at bank and in hand54/58€10,795€25,944▲
Equity and liabilities
Total equity and liabilities10/49€419,770€434,918▲
Equity10/15€217,552€231,047▲
Contributions10/11€50,000€50,000=
Reserves13€167,552€181,047▲
Non-distributable reserves130/1€5,000€5,000=
Reserves not available under the articles1311€5,000€5,000=
Distributable reserves133€162,552€176,047▲
Amounts payable17/49€202,218€203,872▲
Amounts payable within one year42/48€202,218€203,872▲
Financial debts43€4,186€4,163▼
Credit institutions430/8€4,186€4,163▼
Trade debts44€1,002€10,483▲
Suppliers440/4€1,002€10,483▲
Taxes, remuneration and social security45€38,687€28,999▼
Taxes450/3€22,937€13,492▼
Remuneration and social security454/9€15,750€15,507▼
Other amounts payable47/48€158,343€160,227▲
Income statement Code20242025
Remuneration, social security and pensions62€50,261€41,560▼
Other operating charges640/8€716€462▼
Gross operating margin9900€77,472€66,439▼
Operating profit (loss)9901€26,495€24,417▼
Financial charges65/66B€8,936€4,421▼
Recurring financial charges65€8,936€4,421▼
Profit (loss) for the period before taxes9903€17,559€19,996▲
Income taxes67/77€4,175€6,501▲
Profit (loss) for the period9904€13,384€13,495▲
Profit (loss) for the period to be appropriated9905€13,384€13,495▲
Appropriation of the result
Profit (loss) to be appropriated9906€13,384€13,495▲
Transfer from equity791/2€0-
Transfer to equity691/2€13,384€13,495▲
To other reserves6921€13,384€13,495▲

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 06-07-2026.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€54,378€56,824€64,377€50,261€41,560▼ 17.3%
Other operating charges640/8---€410€410€549€716€462▼ 35.5%
Gross operating margin9900€77,169€81,613€75,266€64,120€74,064€59,313€77,472€66,439▼ 14.2%
Operating profit (loss)9901€24,744€27,959€21,145€9,333€16,830-€5,613€26,495€24,417▼ 7.8%
Financial charges65/66B---€26€307€187€8,936€4,421▼ 50.5%
Recurring financial charges65€2,886€1,519€223€26€307€187€8,936€4,421▼ 50.5%
Profit (loss) for the period before taxes9903€21,858€26,440€20,922€9,307€16,523-€5,801€17,559€19,996▲ 13.9%
Income taxes67/77€6,981€8,428€5,650€2,389€4,251€0€4,175€6,501▲ 55.7%
Profit (loss) for the period9904€14,877€18,012€15,272€6,918€12,272-€5,801€13,384€13,495▲ 0.8%
Profit (loss) for the period to be appropriated9905€14,877€18,012€15,272€6,918€12,272-€5,801€13,384€13,495▲ 0.8%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€396,179€400,913€390,156€395,805€403,397€407,270€419,770€434,918▲ 3.6%
Fixed assets21/28€390,000€390,000€390,000€390,000€390,000€390,000€390,000€390,000=
Financial fixed assets28€390,000€390,000€390,000€390,000€390,000€390,000€390,000€390,000=
Current assets29/58€6,179€10,913€156€5,805€13,397€17,270€29,770€44,918▲ 50.9%
Amounts receivable within one year40/41---€2,611€12,629€5,000€18,975€18,975=
Trade receivables40----€11,880€0€18,150€18,150=
Other amounts receivable41---€2,611€749€5,000€825€825=
Cash at bank and in hand54/58€6,179€8,458€156€3,194€769€12,270€10,795€25,944▲ 140%
Equity and liabilities
Total equity and liabilities10/49€396,179€400,913€390,156€395,805€403,397€407,270€419,770€434,918▲ 3.6%
Equity10/15€157,495€175,507€190,779€197,696€209,968€204,168€217,552€231,047▲ 6.2%
Contributions10/11€50,000€50,000-€50,000€50,000€50,000€50,000€50,000=
Reserves13€107,495€125,507€140,779€147,696€159,968€154,168€167,552€181,047▲ 8.1%
Non-distributable reserves130/1---€5,000€5,000€5,000€5,000€5,000=
Reserves not available under the articles1311---€5,000€5,000€5,000€5,000€5,000=
Distributable reserves133---€142,696€154,968€149,168€162,552€176,047▲ 8.3%
Amounts payable17/49€238,685€225,406€199,377€198,108€193,429€203,103€202,218€203,872▲ 0.8%
Amounts payable after more than one year17€17,016€0-------
Amounts payable within one year42/48€221,669€225,406€199,377€198,108€193,429€203,103€202,218€203,872▲ 0.8%
Financial debts43---€4,178€4,182€4,188€4,186€4,163▼ 0.5%
Credit institutions430/8---€4,178€4,182€4,188€4,186€4,163▼ 0.5%
Trade debts44€17,124€19,046€4,617€4,707€6,063€312€1,002€10,483▲ 946%
Suppliers440/4---€4,707€6,063€312€1,002€10,483▲ 946%
Taxes, remuneration and social security45---€24,437€19,133€28,198€38,687€28,999▼ 25.0%
Taxes450/3---€11,955€6,305€10,981€22,937€13,492▼ 41.2%
Remuneration and social security454/9---€12,482€12,829€17,217€15,750€15,507▼ 1.5%
Other amounts payable47/48---€164,786€164,050€170,405€158,343€160,227▲ 1.2%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€14,877€18,012€15,272€6,918€12,272-€5,801€13,384€13,495▲ 0.8%
Operating cash flow (approximation)€14,877€18,012€15,272€6,918€12,272-€5,801€13,384€13,495▲ 0.8%
Investment in fixed assets (approximation)-€0€0€0€0€0€0€0-
Change in cash-€2,279-€8,303€3,038-€2,425€11,502-€1,476€15,149-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 13 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 06-07-2026 2026-00266332 PDF
31-12-2024 micro format 24-09-2025 2025-00500878 PDF
31-12-2023 micro format 22-07-2024 2024-00270636 PDF
31-12-2022 abbreviated format 26-06-2023 2023-00157459 PDF
31-12-2021 abbreviated format 30-08-2022 2022-20366631 PDF
31-12-2020 abbreviated format 08-07-2021 2021-32600478 PDF
31-12-2019 abbreviated format 30-09-2020 2020-57100315 PDF
31-12-2018 abbreviated format 26-09-2019 2019-66200367 PDF
31-12-2017 abbreviated format 30-08-2018 2018-58300265 PDF
31-12-2016 abbreviated format 31-08-2017 2017-56000451 PDF

Show all 13 filings

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